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PETALING JAYA: Maybank IB Research is the second research house over the last five months to upgrade its recommendation on KPJ Healthcare Bhd to “buy”, as it believes the stock’s selling is overdone and new value is expected to emerge.
KUALA LUMPUR: Value has emerged in IOI Properties Bhd following the 15% to 20% drop in its share price over the last three months, says RHB research.
KUALA LUMPUR: CIMB Equities Research is maintaining its end-2017 FBM KLCI target of 1,790, which is still based on a three-year average price-to-earnings (P/E) of 16 times.